Laserfiche WebLink
*20160445* <br /> 20160445 7/8/2016 8 30 AM Patti Nickell <br /> 1 of 2 AMEND R$16 00 D$0 00 Bent County Clerk <br /> APPENDIX C,AMENDMENT No.1.TO LOAN CONTRACT CT2016-1007 <br /> AMENDMENT TO DEED OF TRUST <br /> Date: N .( 2016 <br /> Grantor(Borrower): Las Animas Consolidated Canal Company <br /> Beneficiary(Lender): Colorado Water Conservation Board <br /> Address: 1313 Sherman Street,Room 718,Denver, <br /> Colorado,80203 <br /> Date of Deed of Trust: June 26,2015 <br /> Recorded Date of Deed of Trust: August 3,2015 <br /> County of Recording("County"): Bent <br /> Deed of Trust Recording Information: 20150700(3 pages) <br /> Loan Contract Number: CT2o16-loo7 <br /> Promissory Note: 695=054.27,2.0%,3oYears, <br /> Annual payment 64,244.17 <br /> This Amendment to ORIGINAL DEED OF TRUST is between the Grantor and the Public Trustee <br /> of the County,State of Colorado. <br /> The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness <br /> evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the <br /> Beneficiary. <br /> Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect a <br /> decrease to the total loan amount by 6268,727.73 from$363,782.00 to$95,054.27. <br /> NOW THEREFORE,the CWCB and Grantor agree that: <br /> 1. This AMENDMENT TO DEED OF TRUST,APPENDIX C to AMENDMENT NO.1 to CONTRACT <br /> Cr2016-1007 shall supplement and operate in conjunction with the DEED OF TRUST <br /> attached to the ORIGINAL CONTRACT as APPENDIX 5 and incorporated herein by <br /> reference,recorded August 3,2015,reception number 20150700 in Bent County. <br /> 2. The Grantor has executed a PROMISSORY NOTE, in the amount of$95,054.27 to secure <br /> the repayment of the indebtedness,evidenced by LOAN CONTRACT NO. CT2o16-1007 to <br /> be repaid to the State of Colorado for the use and benefit of the Department of Natural <br /> Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein, <br /> whose address is 1313 Sherman Street, Room 718, Denver,CO 80203,payable in annual <br /> installments, in accordance with said PROMISSORY NOTE, or until the loan is paid in <br /> full. <br /> 3. In the event of any conflict, inconsistency, variance, or contradiction between the <br /> provisions of this amendment and any of the provisions of the original deed of trust, <br /> the provisions of this amendment shall in all respects supersede,govern,and control. <br /> 4. Any provisions of the original deed of trust not expressly modified herein remain in <br /> full force and effect. <br /> Appendix C <br /> Page i of 2 <br />